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3 years ago

1. Read the following scenario and answer the question in 5-10 sentences.

1 answer:

6 0

<h2>You can enroll your business and employees with the following insurance viz. </h2><h2>Commercial property insurance, business interruption coverage, inland marine insurance, equipment breakdown insurance, Workers compensation insurance, etc.</h2>

Explanation:

Let us understand why insurance is required in Furnishing manufacturing company.

Has both valuable properties as well as flammable substances
Employees use heavy machines and sharp tools

So both the employees as well as property is at risk. So we must enroll ourselves in insurance to manage the damages.

Commercial property insurance: To protect the building and other materials inside it.
Business interruption coverage: This supports us to pay when the work could not be proceeded due to damage caused.
Inland marine insurance: This is used to recover from the loss incurred when the product is shipped.
Workers compensation benefit: To support the workers when an injury happens or sudden loss of death which happened inside the company premises.

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"The board of directors of Capstone Inc. declared a $0.70 per share cash dividend on its $3 par common stock. On the date of dec

Gennadij [26K]

Answer:

Dr Dividends Declared 12,300
Cr Dividends Payable 12,300

Explanation:

First we must determine how many shares are outstanding:

23,000 shares issued - 5,000 shares held= 18,000 shares outstanding

Then we multiply shares outstanding times dividends per share:

18,000 shares outstanding x $0.70 per share = $12,300

Dr Dividends Declared 12,300
Cr Dividends Payable 12,300

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3 years ago

In order to improve the cash flow of the company, neal emerald decided to postpone depositing all employment taxes a few months

jok3333 [9.3K]

The correct answer to this open question is the following.

No, it is not ethical.

The risks that Emerald faces by not upholding his responsibility for the collection and payment of employment taxes is that, first of all, this is not correct. He has an obligation, a moral and a fiscal obligation to report on time the employment taxes. That is why his actions are not ethical although he indeed does pay before he gets caught. That decision could be a business decision to buy some time and trying t fix other problems, but a true leader does not need to cover things with wrongdoings. What can of example is he showing to his employees?

Later on, on another occasion, he won't have the moral authority to demand ethical behavior from his employees. He is not setting an example.

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3 years ago

Schrute Farm Sales buys portable generators for and sells them for He pays a sales commission of 5% of sales revenue to his sal

Maksim231197 [3]

Complete question :

Schrute Farm Sales buys portable generators for $470 and sells them for $740. He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $5,000 a month rent for his store, and also pays $2,200 a month to his staff in addition to the commissions. Mr. Schrute sold 600 generators in June. If Mr. Schrute prepares a contribution margin income statement for the month of June, what would be his contribution margin? O A $444,000 O B. $139,800 O C. $748.200 D. $304 200

Answer:

139,800

Explanation:

Total Revenue = (quantity sold * price) = (600 * $740) = $444,000

Purchase cost = (purchase price * quantity) = (470 * 600) = $282,000

Variable selling cost = 5% of total revenue = (0.05 * 444,000) = $22,200

Total variable cost = (cost of purchase + variable selling price) = $(282,000 + 22,200) = $304,200

Contribution margin = (revenue - variable cost) = (444,000 - 304,000) = $139,800

Therefore, CONTRIBUTION MARGIN = $139,800

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3 years ago

you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for

katrin2010 [14]

Answer:

$22,569.48 is amount i must have to deposit today

Explanation:

FV = Future Value , PV = Present Value , r = rate of interest , n= no of period

PV = FV / (1 + r )n

PV = 32000 / (1 + 3%)^4*(1+3.6%)^3

PV= $32,000/ (1 + 0.03)^4*(1+0.036%)^3

PV= $32,000/ (1.03)^4*(1.036%)^3

PV= $32,000/ (1.03)^4*(1.036)^3

PV= $32,000/ 1.12550881 * 1.111934656

PV= $32,000/ 1.251492251

PV = $22,569.47514

PV = $22,569.48

$22,569.48 is amount i must have to deposit today

8 0

3 years ago

Lupita grows cantaloupes in central florida and is in a perfectly competitive market. the marginal physical product of labor is

Elis [28]

<span>The formula for determining the marginal revenue product of labor is marginal physical product (expressed in units) times the price per unit. Therefore, the marginal revenue product of labor of Lupita's farm is $20.</span>

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3 years ago